hi there mates,i have a question about convertion in paypal in my first withdraw in paypal the current peso of that day was P40 now im planning to withdraw again.the current peso now for dollar is P41 but when i try to withdraw the current dollar to peso convertion was still $40 and not $41. btw i try to check the convertion of dollar to peso almost 3 days now hoping it will change but it didnt.still P40 instead of P41. anyone encounter this??
Paypal's conversion rate will always be lower by a few percentage, that's how they earn. Currently it's showing 39+ to a dollar.
There is a 2.5% foreign exchange fees if you convert from one currency to another. See https://www.paypal.com/us/cgi-bin/webscr?cmd=_display-fees-outside